Tertiary Minerals (LON:TYM) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Tertiary Minerals plc (LON:TYMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.08 and traded as low as GBX 0.06. Tertiary Minerals shares last traded at GBX 0.07, with a volume of 27,591,324 shares changing hands.

Tertiary Minerals Stock Up 7.7%

The company has a market capitalization of £5.01 million, a price-to-earnings ratio of -7.00 and a beta of -0.50. The company has a quick ratio of 5.85, a current ratio of 0.47 and a debt-to-equity ratio of 40.39. The firm has a 50 day moving average price of GBX 0.06 and a two-hundred day moving average price of GBX 0.08.

Tertiary Minerals (LON:TYMGet Free Report) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX (0.01) EPS for the quarter. Tertiary Minerals had a negative return on equity of 52.62% and a negative net margin of 401.15%.The business had revenue of GBX 6,572 million during the quarter.

Tertiary Minerals Company Profile

(Get Free Report)

Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. It explores for base and precious metal, copper, gold, and silver deposits in Zambia and in Nevada. Tertiary Minerals plc was incorporated in 1999 and is headquartered in Macclesfield, the United Kingdom.

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